Current Use by Public Records
- Commercial real estate
Property Details for 401 Elliott St
- Lot size
- 0.66 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-maintained mobile home park situated on a 0.66-acre lot in Breckenridge, Texas. The property boasts three currently occupied, updated single-wide manufactured homes (SWMHs), generating immediate rental income. Each SWMH is in good condition, contributing to the property's strong cash flow. Adding to its appeal, three additional vacant lots are available, providing significant potential for expansion and increased revenue. The park is attractively landscaped with mature oak trees, offering a peaceful country setting while remaining conveniently close to downtown Breckenridge. Residents enjoy easy access to shopping, dining, schools, churches, and essential services. The location also offers proximity to outdoor recreation, with Hubbard Creek Lake just five miles away and Possum Kingdom Lake a short drive. This multi-parcel property is priced at $140,000 and presents a rare chance to acquire a turnkey income-generating asset with considerable upside potential. The 780 square foot total building area is spread across the three existing units. This is a truly unique opportunity for investors seeking a stable and growing income stream in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Breckenridge
- County
- Stephens
- State
- Texas
- Longitude
- -98.9065
- Latitude
- 32.7516
